TBOWS

Retail-Commercial for Sale
Catylist Listing ID: 30022295
Property Subtypes: Tavern/Bar/Nightclub
Building Size (RSF): 2,301 SF
Gross Building Area: See Agent
Sale Price: $379,900
Unit Price: $165.10 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/7/2017

Overview / Comments

Excellent cash flow business. Owner has one of only 10 Bar Vouchers the City allows a Restaurant/Bar businesses to have in the county. The lot has 3-road fronts, Highway 74 (Spring Place Rd.), Wildwood Lake Rd., and White road, which offers 3-exits from the parking lot. Just a block and a 1/2 from the APD 40 (Highway 60, 74 & 64 Bypass). Plumbing, Wiring, Roof, and both 5-Ton HVAC systems have been upgraded. Though currently it is all electric, gas is available on-site. Comes with outdoor over-flow storage building, privacy fenced patio area. 2-Pool tables. All furniture & equipment remain.

Additional Details

Nearest MSA: Cleveland
County: Bradley
Retail Clientele: Business
Property Visibility: Excellent
Largest Nearby Street: APD 40
Feet of Frontage: 145
Tenancy: Single Tenant
Property Condition: Excellent
Year Built: 1981
Roof Type: Mansard
Construction/Siding: HardiePlank Siding
Total Parking Spaces: 75
Parking Type: Surface
Parking Description: Asphalt with 3-road frontage exits
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, ISDN
Interior Description: Was once a Captain D's drive-thru restaurant, converted to a night-club/bar/restaurant.
Zoning Description: C General Commercial
Lot Frontage: 145
Lot Depth: 302.5
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Weekends

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,931 32,929 56,212
Median Age: 31.83 33.71 36.17
Households: 2,186 12,522 21,659

Contact

Photograph of Listing Agent

Robert A Badgley

Crye-Leike, REALTORS GCAR CMLS Member

Source

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